Mitsubishi (OTCMKTS:MSBHF – Get Free Report) announced its quarterly earnings results on Thursday. The company reported $0.35 earnings per share for the quarter, Zacks reports.
Mitsubishi Stock Down 0.4 %
Shares of MSBHF stock traded down $0.07 on Thursday, hitting $16.11. The stock had a trading volume of 8,718 shares, compared to its average volume of 24,496. Mitsubishi has a 12-month low of $15.25 and a 12-month high of $24.52. The company has a debt-to-equity ratio of 0.33, a quick ratio of 1.13 and a current ratio of 1.46. The business has a 50 day moving average of $16.33 and a 200 day moving average of $18.41.
Wall Street Analyst Weigh In
Separately, Macquarie lowered Mitsubishi from a “strong-buy” rating to a “hold” rating in a report on Tuesday, January 7th.
Mitsubishi Company Profile
Mitsubishi Corporation engages in the natural gas, industrial materials and infrastructure, petroleum and chemicals, mineral resources, automotive and mobility, food and consumer industry, power solution, and urban development businesses worldwide. The Natural Gas segment engages in the development and production of natural gas/oil; and liquified natural gas business.
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